Monday, June 03, 2019

Local Impact: Prez Trump Mexico Tariff Threat Hurts Kansas City Southern Stock

More deets for subscribers but this is the most relevant and newsworthy passage:

"Any tariff on Mexican products could hit KC Southern particularly hard. Its cross-border railway system runs north-south from Mexico City to Springfield, Iowa . . ."

Read more:

Trump's tariff threat hits Kansas City Southern stock - Kansas City Business Journal

Kansas City Southern stock was down more than 5% around midday Friday, less than 24 hours after President Trump said he would impose a 5% tariff on imported Mexican goods. Trump said the tariff is an attempt to combat illegal immigration. Kansas City Southern's (NYSE: KSU) stock was trading at $112.39 as of noon, down 5.21%.

15 comments:

Anonymous said...

The damage done my millions of illegals flooding through Mexico from central and South America is far more damaging to the US budget than some tariff. People need to look at the bigger picture.

Anonymous said...

This tariff will constitute the biggest Tax Increase in 30 years, and will fall totally on the Working Class.

Byron Funkhouser said...

"...millions of illegals..."?

It's not millions, dummy, it's gazillions.

Immigrants help the economy.

Anonymous said...

Our toilet president is wrecking our economy. He is a horrible businessman and a failed negotiator. He's been a nightmare!

Anonymous said...

And, 9:00, as welfare gibsmes are increasingly cut, sending more fraudsters and those feckless lazies to work, these former leeches will be helping to pay the tarrifs. Illegals grabbing charities' and gubmint largesse is not favorable to the legals of recent, and of long ago. The honest, tax paying immigrants don't welcome the resource robbing---jobs grabbing, classrooms crowding, endowments depleting, cartel connected crimmies who are causing real problems for too many state and local budgets.

Anonymous said...

^^Whateves. Speak English motherfucker!

Blind Funkhoosier is not looking a gift horse from the south in the mouth!!! said...

Sure, they help, if they are LEGAL and contributing to the good. It's those taxpayers among them, you love. They keep your fraudster meal-tickets coming.

Anonymous said...

9:46 apparently your assbugger syndrome causes angry outbursts. It's not our fault you suffer frequent attention deficits. Are these 3 sentences TOO MANY FOR YOU TO TRY TO READ, RETARD?!

Anonymous said...

Everytime I see Byron post something I think this idiot can't be any dumber and every damn day he proves me wrong. Byron they send app 75% of what they made back to Mexico for the family still there or to be hidden in bank accts there so when they get older and return. What about all the ones with fake ID's who never file tax returns but claim 7-8 or so dependents and have very little taken out of there checks each week and pull this scam for couple of years before getting another set of fake ID and do it all over again. Every landscaping company and farmers know this but look the other way and allow it to happen. So your claim of them adding to the economy is utter BULLSHIT.

NicK said...

boo fuckin hoo quit makeing shit in other countries then shipping it back here to make more profit. Tariffs and import taxes are a good thing

Senate Finance Chairman Chuck Grassley (R-Iowa) said...

"Trade policy and border security are separate issues. This is a misuse of presidential tariff authority and counter to congressional intent."

"Tariffs will seriously jeopardize passage of USMCA."

Anonymous said...

Mexico will pay for the wall. I alone can fix it. Trade wars are easy to win.

Instead we have no wall, no US funds for it, no Congressional approval, and courts are stopping the fake emergency funding. Now he is penalizing US consumers with new taxes for... what? Trump is approaching 3 years of failure.

So how is Mexico supposed to fix OUR border???

Trump is in way over his head and has no idea what he is doing.

Anonymous said...

9:41 is basically the weird dude standing on the corner handing out cartoon pamphlets with pictures of Mexicans and Jews as caricatures. He's also probably got a shaved head and a few swastikas tattooed on him.

I mean, I guess they're paying those tariffs, the 'fraudsters and feckless lazies' but guess who else is asshole. That's right, you. Dumbshit.

Anonymous said...

Trump doesn't like how his groundskeepers and security people are patrolling his golf course. Too many trespassers wreaking the greens and stealing from the clubhouse - and his people can't seem to keep them out.

So what does he do?

He raises the membership fees to the country club.

WTF???

Then in addition to raising club fees on loyal members, he tells everyone they need to approve of the beautiful lobby renovation in the NAFTA wing that will magically fix the broken A/C, kitchen & food services, entertainment options, and poor customer service.

Trump can't do anything above sorting through swatches for the drapes. He is an idiot.

Anonymous said...

KSU is down over 10% in two weeks.

That will really help the 401Ks. Trump is really killing it.